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Is ‘Femtech’ the Next Big Thing in Health Care?

Is ‘Femtech’ the Next Big Thing in Health Care?
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Is ‘Femtech’ the Next Big Thing in Health Care?

Is ‘Femtech’ the Next Big Thing in Health Care?

Clue permits girls to do precisely that with a number of faucets on their smartphone. At the moment, the firm has quite a lot of competitors in the period- and fertility-tracking space. And loads of different women-specific instruments have come onto the market. Elvie, a London-based firm, has marketed a wearable breast pump and a pelvic train coach and app, each utilizing good know-how. One other strand of femtech generally known as “menotech” goals to enhance girls’s existence as they undergo menopause, offering entry to telemedicine, and knowledge and knowledge that girls can faucet into.

Credit score…Clue

Lastly, there are medical know-how corporations centered on most cancers that impacts girls, reminiscent of cervical most cancers and breast most cancers.

In keeping with the World Health Group, cervical most cancers is the fourth commonest reason for most cancers amongst girls round the world. In 2018, about 570,000 girls had it, and as many as 311,000 died. The W.H.O. in November introduced a program to eradicate the illness fully by the yr 2030.

MobileODT, a start-up primarily based in Tel Aviv, makes use of smartphones and synthetic intelligence to display for cervical most cancers. A sensible colposcope — a transportable imaging machine that’s one and a half occasions the measurement of a smartphone — is used to take {a photograph} of a lady’s cervix from a distance of a few meter (3 toes). The picture is then transmitted to the cloud through a smartphone, the place synthetic intelligence is used to establish regular or irregular cervical findings.

A prognosis is delivered in about 60 seconds — in comparison with the weeks it takes to obtain the outcomes of a typical smear check (which, in creating nations, extends to months.) Along with this screening, docs nonetheless use smear checks.

The know-how was just lately used to display 9,000 girls throughout a three-month interval in the Dominican Republic as a part of a government-led marketing campaign, the firm introduced final month. One other 50,000 girls are anticipated be screened in the subsequent six months.

Leon Boston, the South African-born chief government of MobileODT, mentioned the privately owned firm was promoting into about 20 completely different nations together with the United States, India, South Korea and Brazil, and goes right into a fund-raising spherical to construct on its preliminary seed cash of $24 million.

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